For months, rumors circulated that L.A. Reid would be leaving his post at Island Def Jam for TV, and reports yesterday confirmed that Simon Cowell picked the executive for his X-Factor show.

Reid accepted the offer and vacated his position. Today he wrote a farewell letter to his staff and friends at his former label.

To my Island Def Jam family:
After much consideration, I have decided to leave my position as Chairman of the Island Def Jam Music Group.
I have always thrived on growth and the next great challenge, and I look forward with much enthusiasm to what the future holds.
I am extremely proud of our beautiful roster and all we have accomplished in my seven years with IDJ. We continue to have incredible success together with today’s most phenomenal superstars – Rihanna, Justin Bieber, Mariah Carey, Kanye West, Bon Jovi, Jennifer Lopez, Ne-Yo, Rick Ross, The Killers, The-Dream, Chrisette Michele, Jeezy and Ludacris to name a few.
I want to thank all of you for your amazing contributions.

With Warm Regards –

LA

[Miss Info]